Distress Deal: Altus Tower 1 — Dubai Creek Harbour | 2BR | 1,164 Sq. Ft. | Emaar Properties | Post-Handover Potential

Secure a premium waterfront asset in Altus Tower 1, one of the most anticipated residential launches by Emaar Properties in Dubai Creek Harbour. This expansive 1,164 sq. ft. 2-bedroom apartment is offered at a distress price of AED 2,785,000. As Dubai Creek Harbour evolves into the city’s new commercial and residential heart, Altus stands out for its modern design and proximity to the Creek Promenade. With a Q1 2028 handover, this unit offers a strategic entry point for investors looking to benefit from Emaar’s proven track record of capital appreciation.

Property Specifications

• Project: Altus Tower 1

• Developer: Emaar Properties

• Location: Dubai Creek Harbour (The Island District)

• Unit Type: 2-Bedroom Apartment

• Bathrooms: 2 Bathrooms

• Parking: 1 Dedicated Garage Space

• Size: 1,164 Sq. Ft. (108.1 sqm)

• Asking Price: AED 2,785,000

• Price per Sq. Ft.: AED 2,392 /sq. ft.

• Handover: Q1 2028

• Reference No.: PF-71MTFEPYRQFMF82K8F314DC27R-Apt-LIC-49792

Investment Highlights

• The Emaar Premium: Properties by Emaar in Dubai Creek Harbour historically see significant value jumps upon completion, often exceeding 20-30% capital gains.

• Optimal Layout: At 1,164 sq. ft., this unit offers a much larger living space than standard 2BRs in newer clusters, making it highly attractive for families and long-term tenants.

• Future Hub: Dubai Creek Harbour is designated as a “Smart City” and will eventually house the world’s next tallest structure and a massive retail district, ensuring long-term rental demand.

• Strategic Pricing: Priced at AED 2,392 per sq. ft., this distress deal is positioned aggressively against the 2026 secondary market rates for high-floor waterfront units.

Elite Amenities

Altus Tower 1 provides a comprehensive resort-style living experience:

• Leisure & Wellness: Swimming Pool, Outdoor Shower, Outdoor Gym, and State-of-the-Art Indoor Gym.

• Entertainment: Outdoor Cinema, Indoor Cinemas, and a luxury Club House.

• Family & Outdoors: Kids Play Area (Indoor & Outdoor), Lush Gardens, Parks, and Picnic Areas.

• Lifestyle: Outdoor Dining Areas, BBQ Zones, Retail Outlets, Restaurants, and access to the nearby Golf Club.

• Security: 24/7 Security and controlled access.

Location & Connectivity

• Creek Promenade: 3 Minutes (Walking)

• Dubai Festival City Mall: 10 Minutes

• Downtown Dubai / Burj Khalifa: 15 Minutes

• Dubai International Airport (DXB): 15 Minutes

Contact Distress Property Finder to arrange a consultation or request the off-plan payment schedule. All information is provided in good faith and is subject to verification. Prices and availability are subject to change without notice.